Real Reason For Financial Crisis!

The real reason for the financial crisis we are going through is...backwards statistical analysis.

Yes, that's right. In the past century, advances have been made which make it possible to predict global trends to a quite high degree of certainty,
if you understand the techniques. So what does this have to do with the federal reserve printing money at will, libertarianism, and our global
crisis?

The minds of the people making these predictions. Society gained high confidence in the predictive capabilities of these statistical techniques. Thus
we invested heavily, using them as our guide. Well, the individuals who designed these systems had old minds. They did not understand the New World.
Thus they interpreted the data they had collected in a way that would seem completely backwards. Endless money was printed and spent, in support of
these efforts.

We, the Youth of this Generation, can use the techniques that the older generation has developed, and use them in a more productive way. If we can
learn what we must do, when can apply the acquired knowledge in the way WE want. If we do this, we can quite literally create our own world, just as
the last generation has done.

I do acknowledge that the challenges of business intelligence and big data are producing a hazy forecast into the economic environment. As studies of
ecosystems have shown, there are no simple rules or natural balances that force the direction of life, as the ecosystem is a very complex and dynamic
situation. The same is true for the economy as many people make many trades for many reasons.

The skills of a data specialist is also a new and emerging role that is loosely defined. Producing an SQL database is not the same as working with the
terabytes of information that is becoming more and more readily generated. Trying to make some comprehension, sense and value out of such large data
volumes is quite a unique skill. Then there are also errors in the source data that can corrupt results, political pressure is also a big problem when
working with economic data as well as privacy laws impeding access.

The basics in economic responsibility have been around for a very long time and built from many past mistakes, which will be repeated if forgotten. As
those setting the rules and economic direction try to balance growth with risk, having access to good and reliable data will make the difference
between success and failure.

Over spending, over printing, elimination of the glass-steagle act, unconstitutional officials...

We’re seeing the consequence of many, many, decades of spending too much, allowing our government to grow, allowing our liberties to be undermined,
allowing our military to do so many things it shouldn’t be doing and neglecting the things it should be doing. So, for too long we have allowed our
Congress to act in an unconstitutional manner, we’ve allowed our executive branch to be unconstitutional, and the judicial system. We’ve gotten
into this mess, I believe, because we have not had enough people who understood, believed, and took seriously, their oath of office. If we had the
right people in Washington, and only elected a president and a Congress who sincerely believe in our constitution, that’s the only way I see us
getting back to where we belong. ~ Ron Paul (Nov.18, 2011) Ron Paul Explains Economic Crisis

Your society has misled you about those whom you call ‘Communists.’
SimultanEously, you have misunderstood what both ‘liberalism’ and ‘the free market’ mean.
Todas de LOS three world-views are compatible
This is the knowledge known by the true visionaries of all of these three streams
Over time, a large illusory-society has been built up
To make you think these three modes of thought are dire enemies
This is a lie
Liberalism is freedom
Freedom is libertarianism
Libertarianism is freedom, both economic and social
Communism is a community based on the Principles of Shared Freedom
Freedom and happiness/pleasure is the Capital of the Communiques, ‘Communists’

It is an interesting paper, despite being somewhat pessimistic in its overall tone. The close relations between electrical and economic engineering is
an association I have come across before and there is a lot of sense in it with how they both relate to power sources, demand and distribution.

The main problem I have with it is how understanding human nature is stressed, yet no alternatives towards social nature is provided apart from the
main directive of maintaining the class structure. Perhaps the author feels that it is just inevitable and hopeless from his experience, perhaps it
is... Worth taking a look at the rest of the book and thanks for the link.

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